APO has been in the news 357% more than usual
Sep 24, 2025, 2:31 AM
-12.69%
What does APO do
Apollo Global Management, headquartered in New York City, offers asset management services across three segments: Asset Management, Retirement Services, and Principal Investing, employing 4,879 full-time staff since its IPO in 2011. Athene Holding, part of Apollo, specializes in retirement savings products, including annuities, while the Principal Investing segment focuses on investment income and performance fees.
APO has been in the news recently: Goldman Sachs reported a significant increase in hedge fund purchases of financial stocks following the Federal Reserve's first rate cut of the year, with financials ranking highly in buying activity. Additionally, Jim Cramer emphasized the presence of undervalued S&P 500 stocks, including Citigroup, which could offer growth opportunities despite the current market highs.
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